"Can these Options (approved for Jason at the Feb GM) be handballed to straight to his wife so that it becomes an indirect interest?"
Yes, Robo. With Company approval. I have a relly who can do/does that.
"If the shares on conversion are issued in his wifes name can they be disposed of without notification?"
No. They would still be reportable as an "indirect" holding.
"how can Jason necessarily control what his wife does with her shares?"
Like most of us, he probably cant, lol. But any change would still be reportable....
Just thinking out loud.......I would say in fact that the placement to investors at 7c is now deemed a done deal....
....and thus those lucky recipients will also be able to participate in the rights issue....
With further placements expected to fund expected exploration programs, we are going to finish up with a lot of shares on issue in the next year or so....
GZ
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